https://www.taxtmi.com/caselaws?id=448728 CESTAT Chennai held that confiscation and penalty require breach of specific statutory provisions under Customs Act. Where importer correctly described goods in Bill of Entry and department accepted the classification, confiscation was improper. Mere claim of unavailable exemption cannot justify confiscation with fine and penalty. Since appellant violated no provisions, penalty was set aside. Classification of GSL artemia Brine Shrimp Eggs under CTH 05119911 with finalized duty was maintained, but confiscation, fine, and differential duty demand were quashed. Appeal disposed of favorably. en-us Thu, 25 Jan 2024 00:00:00 +0530 Sun, 28 Jan 2024 11:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=448728 CESTAT Chennai held that confiscation and penalty require breach of specific statutory provisions under Customs Act. Where importer correctly described goods in Bill of Entry and department accepted the classification, confiscation was improper. Mere claim of unavailable exemption cannot justify confiscation with fine and penalty. Since appellant violated no provisions, penalty was set aside. Classification of GSL artemia Brine Shrimp Eggs under CTH 05119911 with finalized duty was maintained, but confiscation, fine, and differential duty demand were quashed. Appeal disposed of favorably. Case-Laws Customs Thu, 25 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=448728